Anti-Fraud Risk Manager Job at Dangote Group

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position below:

Job Position: Anti-Fraud Risk Manager

Job Location: Lagos
Employment Type: Full Time

Job Summary

• The Anti-Fraud Risk Manager at Dangote Cement Plc will be responsible for development of end-to-end cross-functional anti-fraud risk processes and procedures through instituted risk governance and control structures.
• This role involves identifying potential fraud risks, investigating incidents, and providing strategic recommendations for fraud prevention.

Key Responsibilities

• Identify and assess fraud risks: Conduct regular risk assessments to identify potential areas of fraud within Dangote Cement Plc to achieve fraud risk control.
• Develop fraud prevention strategies: Create and implement strategies to prevent or detect fraud, including policies, procedures, and controls to levels As Low as Reasonably Practicable (ALARP).
• Develop and implement training programs: Provide anti-fraud training to employees on fraud prevention and detection. Ensure compliance with anti-fraud training completion rates.
• Monitor and investigate suspicious activities: Review transactions and investigate suspicious activities to identify potential fraud.
• Liaise with Law Enforcement Agencies (LEAs): Serve as primary point contract between Dangote Cement and Law Enforcement Agencies, to investigate and/or prosecute fraudulent activities.
• Conduct process reviews and testing: Perform process reviews and testing to ensure that fraud controls are effective and operating as intended.
• Report findings and recommendations: Report findings and recommendations to Management senior leadership and Board Audit and Risk Committee.
• Ensure compliance with all relevant Anti-fraud regulations and Internal policy standards.

Requirements
Education: 

• Bachelor's Degree in a related field, such as Accounting, Finance, or Business Administration.
• Master's degree in a related field, such as Accounting, Finance, Business Administration or Risk Management, may be preferred.

Industry Experience:

•  At least 15 years of direct experience in Fraud Risk Management and Internal Controls within the FMCG sector.

Competencies:

• Strong analytical and problem-solving skills: Ability to analyze data and identify patterns and trends.
• Knowledge of fraud schemes and recovery processes: Familiarity with various types of fraud schemes, including inventory theft, asset misappropriation, billing schemes, supply chain fraud and employee fraud.
• Experience in risk management: Understanding of risk management principles and practices.
• Communication skills: Ability to communicate effectively with stakeholders, including employees, management, and law enforcement.
• Attention to detail: Ability to focus on details and identify potential fraud indicators.
• Strong analytical software skills: Proficiency in using analytical software, such as Excel, SQL, and data visualization tools.
• Certification in fraud examination: Possession of a certification in fraud examination, such as the Certified Fraud Examiner (CFE) designation etc.
• A proven track record of managing investigations and result oriented recommendations.